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The Wall Street Crash of 1929 triggered the Great Depression
Black Tuesday stock market collapse wiped out billions in financial value
On 29 October 1929, known as Black Tuesday, massive panic selling on the New York Stock Exchange caused stock prices to collapse. The crash destroyed corporate investments, sparked widespread bank runs, and plunged industrial economies worldwide into the decade-long economic hardship of the Great Depression.
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Tags: wall street crash, great depression, economy
The Wall Street Crash of 1929 triggered the Great Depression: the short answers
- Where does this come from, and can I check it?
- Black Tuesday stock market collapse wiped out billions in financial value. The figure is taken from Encyclopaedia Britannica, which is linked in full on this page. Every fact on Mondo Knows names its source rather than repeating an unsourced claim.
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